Nasdaq anticipation wolf wave - elliot wave - ascending wedgeI've been anticipating nasdaq moves ignoring the news since quite a while and it work way better that way.
and i figure out 3 scenari. the upside one (which is the less pssobile to me, but still a possibility)
If nasdaq respect my anticipation, (which is working since the last bottom) it would confirm a bigger drop later , currently forming and ascending wedge, and if Nasdaq goes to a range to 13400/13600, that would be a perfect bearish wolf wave. confirming previous anticipation drop.
Then where would be 2 scenarii, 1 is the rebound from the 1D SMA200, the 2nd one would be the confirmation of the 5th legs of Eliot's wave and 50% fibo on weekly, so 10780.
time will tell, im into the 2nd scenario.
Eliotwave
MANA/USDT has promising signals for it's bullish trend!Hi every one
DECENTRALAND / TETHERUS
the MANA/USDT chart is pretty interesting. the price is in an ascending channel and there is an ascending triangle which has done It's job and the price has increased as much as the expected movement(AB=CD) and also there is a bullish flag which the price has done the upward break out! there is also hidden bullish divergence on both MACD and RSI indicators as well! if we use the ELLIOT waves principle we can understand that the 4th Impulse wave has been completed and now the price is on It's way to complete the 5th wave! with these bullish signals we can be sure that MANA has a lot of potential to continue It's bullish trend!
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
Oportunity on CAD/CHFHere we can see cad/chf being on a ascending pattern . It just finished its 5th wave so we might see a point of break out soon . As i see it we can either go on a potential 6th wave or a break out around at 0.74500. Personally i am going to wait for the break out/confirmation and go short with a 100pips opportunity
Eliot Wave BTCUSD60k may or may not be a top for BTCUSD. While there may be some bullishness left in the short term, from the daily perspective bitcoin appears to certainly be in the last wave of its up-trend. The last 3 price peaks each saw a lower RSI than the previous peak, strengthening the case for the beginning of the corrective phase.
This post is NOT investment advice. Critiques on my analysis are welcome.
BTC Moving On Eliot WaveWave 5 : 1.618 of wave 4
a Point : Correction start at 1.618 of Wave 5
b point : Area between 0.618 and 50% of Wave a
c point : Area between 1.618 Wave a and 1.618 of wave b
Attention to DIVERGENCE .
GBP Impulse down corrective ABCWave 4 couldn't break 0.5 Fibonacci retracement which was also the trend line down which is also just below the SMMA 25 close - these are all signals that the completive 5th wave down is soon to come, we are likely to see a test of the 0.618 fib which managed to hold 3 wave but many not be so supportive now.
If we see 0.618 hold the ABC corrective may start early, if broken I expect to see minor support a 1.37754 tested (possible bottom of 5 wave) but most probable is finding support at the 0.786 fibonacci zone. ABC corrective after is highly likely working with both minor support lines and fib levels as shown in chart.
Good luck!
I am literally a salmon, my ideas are not gospel.
Trade like you swim with sharks.
BTC's upward movement is far from over!Hi every one
Bitcoin / U.S. Dollar
If we use the Elliot wave principle on the BTC chart we can learn that the upward cycle of the BTC is far from over! the market has completed the first 3 Impulse waves and now on It's way to complete the 4th wave so the market will of course experience a good amount of decrease in it's price! after the completion of the 4th wave we shall see that will BTC starts to pump or not!
there is a strong support at the end of the 4th wave so if it can make the pump we shall see that the price reaches 68k!
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck.
A warning for ETHWe consider an Ending diagonal triangle at the fifth wave of ETH.
This pattern mostly accrues at the final wave of a cycle and in my opinion, the third wave which is started in Sep 2020 is finishing.
However, my opinion could be wrong (the price rise until the orange boxes) , this wave goes up slowly and has a triangular shape.
Obviously, during this triangle we DO NOT have permission to take a position.( Unless the price crosses the top or bottom of the triangle ).
USOIL possible move to the downsideHi traders, as you see price came back to our supply zone , from where we expect price to push lower. At least to make correction for continuation to the upside. I was expecting to see price moved bit higher to tap that trendline around 63.5, but as you see price is already making rejection. Anyway i closed my buy, and will be watching for sell. I will upload below lower time frame picture to show you that we are already having possible bearish price action. We are having nice weekly rejection candel from last week, so i think this setup have good potencial. Stay patient!
usdchefwe are short in usd now and soon the bullish trend will start
take it guys and your eyes are closed
good luck everyone
Get ready to hunt for gold at the end of a 5 wave.Hello friends Be ready to hunt for gold. Do you think support will win or resistance?
For an uptrend:
1- Weekly support line
2- Pivot point s2
3- The end of wave 5 in Elliott waves
4- Price channel floor
5-Risk to Reward ratio 1
For a downtrend:
1- The main downward trend
2- Pull Back to the canal
3- Existence of resistance
4- Risk to Reward ratio 1/5
What do you think? Thank you for your attention. Good luck
Xlm consolidation then RocketlaunchHello traders and analysts.
I have imagined this when I saw the evolution of the Xlm. A correction up to the resistance of 0.50$ then an attempt to go into space
Give thumbs up
This is just an idea and not a certainty. I am not a professional so trade safe.
Regards,
Investissor.
USDJPY - Eliot Wave - Bulish MarketFX:USDJPY bulish market at long term.
complete corrective wave at daily tf
BTC price will go up to 130k USDBTC price will reach 70k USDby April 2021.
BTC price will reach 130k USD by the end of 2021.
And finally after 2022, the price of BTC will drop very sharply, from 130k usd to about 5k usd.
